Hyundai Kona Electric Starts Under $30,000 With Tax Credit

Hyundai has finally announced pricing for its Kona Electric SUV, which will start at $37,495 before any tax credits. Throw in federal tax credits, and buyers will be able to snag a Kona Electric for $29,995.

While the base version can be had right at $30,000, Hyundai is offering three trim levels total with the Kona Electric: SEL, Limited and Ultimate. Each trim level has the same 201 horsepower and 295 pound-feet of torque electric motor that’s juiced by a 64-kWh lithium-ion battery pack that supplies 258 miles of range. When the differences in trim levels fall is in equipment.

SEL models actually come nicely equipped. Goodies such as 17-inch alloy wheels, a leather steering wheel and support for Apple CarPlay and Android Auto are all standard fare. Limited models add leather seating, sunroof, LED headlights and power driver’s seat.

Surprisingly, each trim level manages to start under $40,000 after the federal tax credit of $7,500. Limited models start at $42,195 ($34,695 with tax credit), while the Ultimate starts at $45,695 ($38,195 after tax credit).

The Hyundai Kona Electric will launch in California shortly and eventually be available in other select states. Interested buyers can order one starting now.

About Nick Saporito

AutoVerdict Senior Editor Nick Saporito began writing about cars at age 13. Nick ran a couple of automotive enthusiast sites for several years, before taking some time off to focus on his career and education. By day he's a marketing executive in the telecom world and by night he hangs out here at AV. You'll find him focusing on tech, design and the industry's future.